A distressed property is a home at risk of foreclosure, currently owned by a bank, or repossessed by a mortgage lender. Have you heard of a distressed property? No, it’s not a character or style of ...
A common misconception is that many distressed properties can be profitable investments. However, when we analyze the value of these properties, we often find various complexities that come with them.
Institutional sellers at distressed property auctions have gradually lowered pricing over the last six months as rising retail inventory and stubbornly high mortgage rates act as twin headwinds for ...
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